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Keywords: Winning region
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Journal Articles
Journal:
Applied Economic Analysis
Applied Economic Analysis (2024) 32 (96): 232–259.
Published: 07 May 2024
...) validity, examining pre- and postlottery consumption effects. Additionally, it also uses an instrumental variable regression, using the lottery shock as an instrument for total expenditures, to estimate the Engel curves. Findings The paper finds a PIH violation; households in winning region notably...
Includes: Supplementary data
